Answer:
245,564people
Explanation:
The population of Algebra City is approximately 314,159 people, but the rate decreases at 2.7% each year. About how many people will live in Algebra City in 9 years?
We solve for the above question using the formula for Exponential decrease. =
P(t).= Po(1 - r)^t
Where
P(t) = ?
Po = Initial population = 314159
r = 2.7% = 0.027
t = time = 9 years
P(t) = 314159(1 - 0.027)⁹
= 245564.2088
Approximately to the nearest whole number = 245,564people